Fulton Market is one of Chicago’s trendiest neighborhoods, known for its fusion of industrial charm and modern luxury. But with its thriving restaurant scene, art galleries, and proximity to the Loop, many assume that living here comes with a hefty price tag. The good news? Affordability and prime location can coexist. Whether you’re a young professional, a student, or just looking to settle in one of Chicago’s most dynamic neighborhoods, you’ll be glad to know that there are affordable apartment options in Fulton Market.

This guide will walk you through the most budget-friendly apartment buildings in Fulton Market, highlighting their features, price ranges, and why they’re a great choice for your next home.

Why Choose Fulton Market?

Before we dive into the options, it’s worth noting why Fulton Market is such a sought-after place to live. Originally an industrial area known for meatpacking, it has since transformed into a lively hub for both work and play. Here’s what makes the neighborhood stand out:

• Proximity to the Loop: Ideal for professionals wanting short commutes.
• Dining Paradise: Home to award-winning restaurants such as The Publican and Girl & the Goat.
• Art & Culture: Walkable access to galleries, trendy boutiques, and live performance venues.
• Transportation: Excellent public transit options, including the Green and Pink CTA lines and major bus routes.
• Community Vibe: A unique mix of sleek new developments and historic warehouses gives Fulton Market its characteristic charm.

Now that you’re sold on the location, let’s explore where you can live here without breaking the bank.

180 N. Ada

Triple-A yet affordable, 180 N. Ada stands out among affordable apartment options in Fulton Market. While its pricing is appealing, the true allure lies in the lifestyle it offers. This 13-story community boasts exclusive amenities, including a residents-only pool, aqua lounge, fitness center, pet washing station, rooftop private dining room, and a full-service bar. A 24/7 door staff ensures security, while a dedicated management team oversees daily operations.

With studio to three-bedroom residences starting at budget-friendly rates, these homes excel in every other aspect. Each unit features wide-plank wood laminate flooring, premium bedroom carpeting, built-in tech shelves with USB outlets, and full-size washer/dryer units. Select floor plans offer expansive private balconies and quartz countertops in both kitchens and bathrooms.

A keyless electronic entry system provides secure access to individual units and common areas, eliminating concerns about forgotten keys. Step out to explore nearby attractions such as Union Park, the WNDR Museum, or local breweries with ease.

K2

365 N. Halsted, also known as K2 Apartments, draws its name from the world’s second-tallest mountain. While the 496-unit building rises impressively in height, it also excels in both price and value. Developed meticulously by Fifield Companies, K2 Apartments is LEED Silver certified and offers a range of features including a comprehensive recycling program, electric vehicle charging stations, an expansive outdoor area, and amenities like a lounge, fitness center, steam room, business center, board room, and basketball court.

Remarkably, since its completion in 2013, rent has remained relatively affordable, with studio apartments starting at $1,800 per month. Competitive rates are also available for one-bedroom, two-bedroom, and three-bedroom units. Each home boasts contemporary finishes such as hardwood floors, stone countertops, stainless steel appliances, glass tile backsplash, designer cabinetry by SMART, wide plank hardwood flooring, and floor-to-ceiling windows with breathtaking city views. Many floor plans include private balconies or terraces. For those without furniture, K2 Apartments offers pre-furnished suites of various sizes, saving residents a trip to IKEA.

The Thompson at Fulton Market

At The Thompson at Fulton Market, the intersection of irreplaceable, historic craftsmanship and modern prestige creates a unique addition to Chicago’s mid-rise real estate scene. This property, once known as Mary Thompson Hospital, now hosts studio, one-bedroom, two-bedroom, and three-bedroom residences. Located at 150 N Ashland Avenue, opposite Union Park in Near West Side, the 12-story building was transformed into a luxury apartment community in 2023.

Developer Marquette Companies masterfully preserved its original architectural details while integrating contemporary amenities and finishes. The building’s brick facade, ornate cornices, and traditional windows now frame modern homes equipped with smart thermostats, built-in tech desks, and glass showers. Beginning at approximately $2,000 per month, residents enjoy access to an outdoor courtyard, grilling area, community Wi-Fi, bike storage, electric vehicle charging stations, a dog washing station, and a lounge. Moreover, they have the privilege of residing on one of downtown Chicago’s most charming and walkable streets.

13thirteen Randolph Street Lofts

Pet-friendly? Check. On-site parking? Check. Expensive rent? Not at all. 13thirteen Randolph Street Lofts offers exceptional value in affordable Chicago living. With a diverse range of 35 floor plans, this community provides stunning options at competitive prices, including budget-friendly studios, one-bedroom, and two-bedroom suites up to nearly 1,000 square feet.

Inside, discover polished concrete floors, soaring 11-foot ceilings, and spacious closets. Kitchens and bathrooms feature luxurious quartz countertops. Beyond the convenient attached parking garage, residents enjoy exclusive access to amenities such as a rooftop lounge with a pool table and bar, a well-equipped fitness center with cardio machines and free weights, and dedicated bike storage. The building’s green design and historic loft charm make it particularly appealing to eco-conscious renters.

Circa 922

For those seeking assurance in selecting an affordable apartment in Fulton Market, Circa 922 stands out as an ideal choice. Located at 922 W. Washington Boulevard, it is conveniently adjacent to some of Chicago’s top steakhouses and bars. This community offers 34 distinct floor plans, ranging from studios to three-bedroom homes, with monthly rents starting at $2,345. Apartments range from 689 to 993 square feet and are equipped with modern amenities like built-in Bluetooth speakers, quartz or granite countertops, and stainless steel appliances.

What sets Circa 922 apart is its unique blend of contemporary and historic architecture, combining eco-friendly design features with the 12-foot ceilings and exposed brick of a restored early 1900s Printers Loft building. Residents can enjoy a rooftop lounge with stunning skyline views, an outdoor fire pit and TV area, a resident lounge with a coffee bar, and dedicated work-from-home spaces. This pet-friendly community also offers bike storage, dry cleaning services, and 24-hour emergency maintenance.